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Posts Tagged ‘Travis Kalanick’

The Youngest Billionaires On The Forbes 400: 11 Under 40

Posted by Ram Kumar Shrestha on January 16, 2015

By Natalie Robehmed:

NatalieEach year, Forbes crunches the net worth of every American billionaire to see who will make the exclusive Forbes 400 list. But 11 members of this club are luckier than the rest: they are in good health, have full heads of hair and many, many years to spend their fortunes.

This year there are 11 American billionaires under the age of 40 on the list.  The youngest member of the Forbes 400 is 30-year-old Facebook cofounder Dustin Moskovitz, who has been the most junior person on the Forbes 400 since making his debut in 2010. He lost bragging rights as country’s youngest billionaire this summer when Snapchat raised money valuing the photo sharing app at $10 billion. Now Evan Spiegel, 24, holds that title but with a net worth of $1.5 billion, he just misses the cut for the Forbes 400.

DustinMoskovitz is just eight days younger than his former Harvard roommate, Mark Zuckerberg, who is the second-most-junior member of the list. The Facebook CEO is worth an estimated $34 billion, up from $19 billion last year, making him the year’s biggest dollar gainer. At just 30 years old, he is the 11th richest person in America – and the wealthiest under 40. Read the rest of this entry »

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Top 10 Business Leaders Under 40

Posted by Ram Kumar Shrestha on October 12, 2014

marissa-mayer_1

What does it take to disrupt, to lead, to innovate? For Jan Koum it was coming up with a texting app so popular that Facebook had to have it—for $19 billion. For Elizabeth Holmes it was a childhood fear of getting her blood drawn. For Andriy Kobolyev, CEO of Ukrainian gas giant Naftogaz, it’s the fine art of persuading Gazprom to keep the gas flowing—while getting his countrymen to stop sleeping with their windows open.

Welcome to our 2014 40 under 40, our list of the most powerful, influential, important people in business under 40. You’ll see plenty of household names here—Mark Zuckerberg, Brian Chesky, Marissa Mayer—but you’ll also see plenty of new faces. (One thing you won’t see are many repeats. With very few exceptions, once someone’s been on once, we consider them “in the club” and move them off to make room for fresh discoveries.) What we look for: power, influence, leverage, scale, and ideas that disrupt.

Many names on the list are of course in the tech sector, but they’re also in finance, fashion, film, real estate, and even eggless mayonnaise. This year there are a surprising number of legacies, perhaps reflecting how hard it is to get ahead in today’s economy without the right connections (though for a true rags-to-riches tale, look no further than Koum). One thing they have in common: They don’t like limits, and they don’t like being told no.

1. Travis Kalanick & Brian Chesky

travis_brian

Age 38, 33
Title Co-founder and CEO
Company Uber / Airbnb

They’re revolutionizing two very different industries, but this year was the year that Kalanick and Chesky became the figureheads for the ongoing clash between the great potential of the Internet economy and the rules and regulations of the old economy. In the Internet economy, the web can connect hundreds of millions of us to powerful platforms and networks where we can help ourselves to extra inventory, whether it’s a spare bedroom in someone’s house or a driver-for-hire idling in between jobs.

In the real world economy, that ability can collide with entrenched interest groups and decades-old re Read the rest of this entry »

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